September Report Brings Good News in Job Growth

  • Playlist
  • Download
  • Embed
    Embed <iframe src="" width="100%" height="290" frameborder="0" scrolling="no">
  • Transcript

On Wall Street, the big question was what the government's monthly jobs report would show when it came out Friday. There was good news: The Labor Department announced that 110,000 new jobs were created in September, and stocks rallied after the report.

A year ago, that figure would have counted as pretty bad news — back then, job growth was much faster. But after a scary summer of financial turmoil, even decent job growth is reassuring. And that might be an indication that the U.S. economy has avoided the worst.

The Labor Department on Friday also revised its figure for August jobs — there was modest growth instead of a reported decline.



Please keep your community civil. All comments must follow the Community rules and terms of use, and will be moderated prior to posting. NPR reserves the right to use the comments we receive, in whole or in part, and to use the commenter's name and location, in any medium. See also the Terms of Use, Privacy Policy and Community FAQ.